Telecoms sector contributes $70b to economy, says NCC
By Ruth Omosayin
The Nigerian Communications Commission (NCC) has said technology-driven telecommunications sector contributed $70 billion to Nigeria economy.
Its Executive Vice Chairman, Prof. Umar Danbatta, stated this while delivering a keynote address at a Cyberchain Conference at the NAF Conference Centre at Kado in Abuja.
Danbatta, who spoke on the topic: Using Technology to grow Nigeria’s GDP, noted that the impact of technology to the nation and the society has been tremendous.
He said the sector remained a key driver of the national economy.
The NCC boss, who was represented by the commission’s Principal Manager for Digital Economy, Mrs. Ella Ehi, said the adoption of 5G, e-commerce, Fintech, Big data and other platforms have boosted the country’s revenue generation capacity.
Danbatta said: “Nigeria’s adoption of digital technologies has enabled it to diversify its revenue and economy, created jobs, improved services and efficiency, reduced wastages, and optimised resources available.